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Single Family Rental Property Sold by the Dallas Property Team for $217k

New Construction SFR Rental Property sold by the Dallas/North Texas Property Team for $217K.

Property Type:

New Construction
Purchase Price: $217,999
Gross Rent: $1,775
Cap Rate (year 1): 8.6
Cash Flow (year 1): $8,287
3
2
1,451 SQ. FT
Loan type? 75% LTV 7/6 ARM @ 4.875% with 0 Pts
?Purchase Price:$217,999
Down payment:$54,500
?Purchase cost:$4,360
?Total cash invested:$58,860
?Estimated cash flow (year 1)
?Gross rent:$1,775
?Principal & interest:$865
Taxes:$78
HOA:$42
Insurance:$100
Property management:$0
Total monthly cost:$1,084
?Monthly cashflow (year 1):$691
?annual cashflow:$8,287

Buy & Hold Projections

?Appreciation:
6%		?Income Increase:
4%		?Expense Increase:
2%		?Selling Costs:
6%
Cash Flow & EquityYear 1Year 5Year 10Year 30
?Cash flow:$8,287$5,447$10,198$42,433
?Total equity:$70,047$141,861$257,913$1,252,075
Investment returnsYear 1Year 5Year 10Year 30
?Cap Rate (Purchase Price):9%7%9%24%
?Cash on Cash Return:14%9%17%72%
?Return on Equity:12%4%4%3%
?Internal Rate of Return (IRR):10%23%21%17%
?Return on Investment:10%154%411%2,861%

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